Buy with Yoreevo
$2,947,500
List Price: $3,000,000
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700-710 Bartholdi Street
House in Williamsbridge •  building info
studio • 4,800ft² $625 per ft²
Buy with Yoreevo

$2,947,500

List Price

$3,000,000

Key Details
Days on market
7
Last price change
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Estimated payment
$16,764/mo
Taxes
$576/mo
Maintenance
N/A
Description
A 20-unit, two-building multifamily investment located in the Allerton / Williamsbridge section of the Bronx. Originally constructed in 2012, the side-by-side properties operate as a single asset with a stabilized voucher-backed tenant base and benefit from a 421-a 25-Year No Cap tax exemption that materially reduces operating expenses through the remainder of the abatement period. At the asking price of $3,000,000, the offering represents a 7.66% in-place cap rate on $229,804 of NOI, with stabilized voucher rent collections and modern construction reducing both vacancy and capital expenditure risk. 3.75% assumable debt in place.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$3,000,000
Asking Price: $3,000,000
Term
30 Years
Down Payment
$300,000 (10%)
Min: 10% (300,000)
Rate
6.0 %
Mortgage Amount
$2,700,000
Mortgage Payment
$16,188
Taxes
$576
Estimated Yoreevo rebate
$52,500
Estimated closing cost
$116,000
Total monthly cost $16,764
Buy your dream home with us and get an estimated $52,500 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Distinguished Realty Services

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